The UK arm of American balloon company CTI Industries has gone into liquidation, as of Tuesday 1 October, 2019.
Based in Rugby, CTI Balloons UK supplied high quality foil balloons and a complete range of latex to retailers and wholesalers across the UK and Ireland. The liquidation announcement means that the business is judged to have no prospect of recovery and has been shut down.
US-based CTI Industries, parent company of CTI Balloons, was originally established in Chicago, America in 1977. It is a manufacturer and marketer of novelty balloon products, flexible packaging and storage products and other home organising products.